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277 hedge funds and large institutions have $6.46B invested in Open Text in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 96 increasing their positions, 102 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $5.78M

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

0.58% more ownership

Funds ownership: 67.26%67.84% (+0.58%)

6% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 102

4% less funds holding

Funds holding: 289277 (-12)

20% less capital invested

Capital invested by funds: $8.08B → $6.46B (-$1.61B)

20% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 40

Holders
277
Holders Change
-12
Holders Change %
-4.15%
% of All Funds
6.1%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.22%
New
32
Increased
96
Reduced
102
Closed
40
Calls
$10.5M
Puts
$5.78M
Net Calls
+$4.76M
Net Calls Change
-$1.81M
Name Holding Trade Value Shares
Change
Change in
Stake
APG Asset Management
51
APG Asset Management
Netherlands
$21.5M +$970K +22,883 +4%
Geode Capital Management
52
Geode Capital Management
Massachusetts
$21.3M +$1.26M +29,650 +5%
AC
53
Addenda Capital
Quebec, Canada
$20.6M +$4.26M +100,410 +20%
CS
54
Credit Suisse
Switzerland
$20.2M +$3.56M +84,062 +17%
First Trust Advisors
55
First Trust Advisors
Illinois
$19.5M +$514K +12,116 +2%
State of Wisconsin Investment Board
56
State of Wisconsin Investment Board
Wisconsin
$18.5M +$3.51M +82,896 +18%
DP
57
Dundas Partners
United Kingdom
$16.6M -$94.6K -2,232 -0.5%
AR
58
Advisory Research
Illinois
$16.4M +$997K +23,530 +5%
PPA
59
Parametric Portfolio Associates
Washington
$16.1M +$5.03M +118,637 +35%
OCAM
60
Onex Canada Asset Management
Ontario, Canada
$15.8M -$9.13M -215,447 -32%
SC
61
Scotia Capital
Ontario, Canada
$15.3M -$832K -19,626 -4%
Public Sector Pension Investment Board (PSP Investments)
62
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$13.8M +$153K +3,600 +0.9%
VRS
63
Virginia Retirement Systems
Virginia
$13.1M -$1.3M -30,700 -8%
AG
64
Aperio Group
California
$13.1M +$5.44M +128,339 +52%
Canada Pension Plan Investment Board
65
Canada Pension Plan Investment Board
Ontario, Canada
$13M +$8.06M +190,100 +102%
Dimensional Fund Advisors
66
Dimensional Fund Advisors
Texas
$12.8M +$1.91M +45,064 +14%
Bank of New York Mellon
67
Bank of New York Mellon
New York
$12.4M +$450K +10,609 +3%
Allianz Asset Management
68
Allianz Asset Management
Germany
$12.3M -$3.24M -76,506 -18%
Russell Investments Group
69
Russell Investments Group
United Kingdom
$11.1M +$494K +11,659 +4%
NPPM
70
North Point Portfolio Managers
Ohio
$10.8M -$158K -3,719 -1%
Morgan Stanley
71
Morgan Stanley
New York
$10.2M -$11.6M -273,315 -48%
Deutsche Bank
72
Deutsche Bank
Germany
$9.55M -$2.51M -59,273 -18%
N
73
Nuveen
North Carolina
$9.35M -$4.88M -115,093 -30%
IIM
74
Intact Investment Management
Quebec, Canada
$8.77M +$1.78M +42,100 +31%
Neuberger Berman Group
75
Neuberger Berman Group
New York
$8.75M +$2.72M +64,276 +34%

OTEX Hedge Fund Activity: Q1 2020 in Review

277 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Open Text (OTEX) for Q1 2020, worth a combined $6.46B — down 20% from $8.08B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of OTEX and 32 opened new positions — a net loss of 8 holders — while 102 trimmed existing stakes and 96 added.

The largest buyer was Fidelity Investments, adding an estimated $135M. The largest seller was Fidelity International, cutting an estimated $52.3M.

  • 277 institutional investors held Open Text (OTEX) as of Q1 2020, down from 289 in Q4 2019.
  • Funds reported $6.46B of Open Text stock for Q1 2020, down 20% quarter-over-quarter.
  • 32 funds opened new Open Text positions in Q1 2020 and 40 closed out, a net change of -8 holders.
  • The largest Open Text buyer in Q1 2020 was Fidelity Investments, an estimated $135M added.
  • The largest Open Text seller in Q1 2020 was Fidelity International, an estimated $52.3M sold.

Based on aggregated 13F filings for Q1 2020.